Back to collectionA Transfer Low Opens a Harder Question About Use
Background: The news that node rewards would be halved again early next year was still circulating in the group. Today: The number of on-chain transfers fell to a new low. Impact and next steps: The new low made concern about use more concrete without explaining its cause.
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Background: The news that node rewards would be halved again early next year was still circulating in the group. The Night Watchman wondered whether operators would keep tending their machines. Another member watched actual on-chain use, trying to see whether the lull extended beyond the chat.
Today: The number of on-chain transfers fell to a new low. The member had hoped a chart would sum up the situation, but a transfer count alone could not show whether players were doing less, applications had changed their routes, or people simply did not want to move assets for now. He put that question to the group.
Impact and next steps: The new low made concern about use more concrete without explaining its cause. The Night Watchman decided to discuss node coverage separately from transfer activity. The other member planned to watch the following days before deciding which lead to pursue.